“They come for three months – they stay for four years – and I welcome that. That’s how we learn. They see us up close and personal and we see them. A lot of countries that they come from have very different governments, with different rules. We get to learn about each without the filter of what they are told. I wouldn’t say that when they leave we fully understand each other’s cultures, but we are surely better off than we would have been if we hadn’t.”Continue reading
… Long Live Capitalism.
Here’s a snippet from a long-form interview of Yvon Chouinard in Fast Company.
Question : In the past, you consulted with folks at large companies, such as Walmart, and came away not so convinced of their actual ability to pursue sustainability. If we’re looking to create a better version of capitalism, what do you think should be done with publicly traded companies?Continue reading
Sadly, this wasn’t what I thought this was going to be about.
“Platforms have become one of the most important business models of the 21st century. Five of the six most valuable firms in the world are built around these types of platforms. However, a study of 252 platform companies showed that 209 of them failed. The most common mistakes into four categories:
(1) mispricing on one side of the market,
(2) failure to develop trust with users and partners,
(3) prematurely dismissing the competition, and
(4) entering too late.
Researchers have extensively studied pricing decisions, yet managers still get them wrong. A platform often requires underwriting one side of the market to encourage the other side to participate. But knowing which side should get charged and which side should get subsidized may be the single most important strategic decision for any platform.”Kyle Westaway
Interesting what each of us takes away when we read articles. The quote above is from Kyle Westaway – and indeed nothing wrong with his takeaway. But there is more – and even the HBR article doesn’t really get down to it.Continue reading
Strategies for Resistance. A visual documentary of subvertising, an essay against the ad-man.
Funny. Been thinking of doing a kick starter for my book, but I am too busy writing to spend another chunk of time thinking about what the campaign would look like.
Needless to say I have done my pledge – it is such a People First topic that I couldn’t resist and as an extra message, the campaign deadline is my birthday. The ether was in alignment!
My thanks to John Wunderlich for the heads up.